NYSE : LION
Lionsgate Studios Corp. — Financial statements
Communication Services · Entertainment · Canada
Last price 12.85 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 3.82B
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Financial statements
Lionsgate Studios Corp. (LION) reported revenue of 2.88B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.88B | 2.63B | 2.58B | 2.45B | 3.85B | 3.60B |
| Cost of Revenue | 1.70B | 1.55B | 1.70B | 1.43B | 2.32B | 1.99B |
| Gross Profit | 1.18B | 1.08B | 887.40M | 1.02B | 1.54B | 1.62B |
| Selling, General & Admin | 940.20M | 881.80M | 756.40M | 850.00M | 1.33B | 1.34B |
| Operating Expenses | 957.80M | 899.40M | 774.20M | 865.60M | 1.51B | 1.51B |
| Operating Income | 225.30M | 178.50M | 113.20M | 157.60M | 25.90M | 101.30M |
| Interest Expense | -247.90M | -259.70M | -261.70M | -246.60M | -221.20M | -176.00M |
| Interest & Investment Income | 18.30M | 17.90M | 15.00M | 18.50M | 6.40M | 8.10M |
| Earnings From Equity Investments | -2.10M | -3.30M | 4.30M | 8.70M | 500.00K | -3.00M |
| Other Non Operating Income (Expenses) | 1.10M | -19.60M | -11.90M | -19.30M | -26.90M | -10.90M |
| EBT Excluding Unusual Items | -5.30M | -86.20M | -141.10M | -81.10M | -215.30M | -80.50M |
| Merger & Restructuring Charges | -40.80M | -40.20M | -44.70M | -97.40M | -401.70M | -4.60M |
| Impairment of Goodwill | -1.48B | |||||
| Gain (Loss) on Sale of Investments | 3.00M | 10.50M | 3.50M | 44.00M | 1.30M | |
| Gain (Loss) on Sale of Assets | 2.60M | 2.60M | ||||
| Asset Writedown | -18.90M | -6.10M | -53.50M | -43.00M | -16.60M | -73.00M |
| Legal Settlements | 11.00M | |||||
| Other Unusual Items | -36.10M | -39.90M | -41.10M | -21.50M | 42.00M | -65.00M |
| Pretax Income | -95.50M | -159.30M | -277.30M | -239.50M | -2.00B | -177.00M |
| Income Tax Expense | 17.60M | 16.20M | 17.20M | 21.70M | 21.30M | 28.40M |
| Earnings From Continuing Operations | -113.10M | -175.50M | -294.50M | -261.20M | -2.02B | -205.40M |
| Earnings From Discontinued Operations | -1.60M | -16.50M | -79.10M | -855.10M | ||
| Net Income to Company | -114.70M | -192.00M | -373.60M | -1.12B | -2.02B | -205.40M |
| Minority Interest in Earnings | -3.50M | -6.30M | 11.60M | 13.40M | 8.60M | 17.20M |
| Net Income | -118.20M | -198.30M | -362.00M | -1.10B | -2.01B | -188.20M |
| Preferred Dividends & Other Adjustments | 600.00K | 600.00K | -5.00M | 11.90M | ||
| Net Income to Common | -118.80M | -198.90M | -357.00M | -1.11B | -2.01B | -188.20M |
| Shares Outstanding (Basic) | 290.23M | 285.40M | 248.90M | 243.60M | 255.25M | 250.99M |
| Shares Outstanding (Diluted) | 290.23M | 285.40M | 248.90M | 243.60M | 255.25M | 250.99M |
| EPS (Basic) | -0.41 | -0.70 | -1.43 | -4.58 | -7.88 | -0.75 |
| EPS (Diluted) | -0.41 | -0.70 | -1.44 | -4.58 | -7.88 | -0.75 |
| Free Cash Flow | 97.10M | 11.40M | -214.50M | 386.90M | -163.30M | -855.40M |
| Free Cash Flow Per Share | 0.34 | 0.04 | -0.86 | 1.59 | -0.64 | -3.41 |
| Gross Margin | 41.04% | 40.96% | 34.33% | 41.76% | 39.92% | 44.82% |
| Operating Margin | 7.82% | 6.78% | 4.38% | 6.43% | 0.67% | 2.81% |
| Profit Margin | -4.12% | -7.56% | -13.81% | -45.50% | -52.15% | -5.22% |
| Free Cash Flow Margin | 3.37% | 0.43% | -8.30% | 15.79% | -4.24% | -23.73% |
| EBITDA | 242.90M | 196.10M | 131.00M | 173.20M | 206.20M | 371.70M |
| EBITDA Margin | 8.43% | 7.45% | 5.07% | 7.07% | 5.35% | 10.31% |
| D&A For EBITDA | 17.60M | 17.60M | 17.80M | 15.60M | 180.30M | 270.40M |
| EBIT | 225.30M | 178.50M | 113.20M | 157.60M | 25.90M | 101.30M |
| EBIT Margin | 7.82% | 6.78% | 4.38% | 6.43% | 0.67% | 2.81% |
| Advertising Expenses | 360.70M | 296.30M | 347.80M | 610.70M | 662.40M |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 425.80M | 341.50M | 212.50M | 314.00M | 272.10M | 371.20M |
| Trading Asset Securities | 35.60M | |||||
| Cash & Short-Term Investments | 425.80M | 341.50M | 212.50M | 349.60M | 272.10M | 371.20M |
| Accounts Receivable | 687.00M | 806.90M | 647.00M | 812.90M | 645.60M | 482.70M |
| Other Receivables | 239.50M | 236.80M | 186.80M | 199.10M | 129.50M | 128.30M |
| Receivables | 926.50M | 1.04B | 833.80M | 1.01B | 775.10M | 611.00M |
| Prepaid Expenses | 32.40M | 25.20M | 46.00M | 58.20M | 43.30M | 62.50M |
| Restricted Cash | 73.60M | 78.30M | 67.90M | 43.70M | 27.90M | 13.40M |
| Other Current Assets | 75.80M | |||||
| Total Current Assets | 1.46B | 1.49B | 1.24B | 1.46B | 1.12B | 1.06B |
| Property, Plant & Equipment | 294.10M | 297.80M | 328.20M | 477.30M | 258.50M | 251.90M |
| Long-Term Investments | 40.10M | 41.10M | 77.80M | 74.80M | 105.80M | 88.00M |
| Goodwill | 846.80M | 846.80M | 808.50M | 811.20M | 1.29B | 2.76B |
| Other Intangible Assets | 24.70M | 25.80M | 20.80M | 991.80M | 1.30B | 1.44B |
| Long-Term Accounts Receivable | 4.10M | 4.30M | 11.30M | 2.90M | 4.60M | 9.30M |
| Long-Term Deferred Charges | 300.00K | 500.00K | 500.00K | |||
| Other Long-Term Assets | 2.66B | 2.62B | 4.34B | 3.27B | 3.35B | 3.38B |
| Total Assets | 5.33B | 5.33B | 6.82B | 7.09B | 7.43B | 8.99B |
| Accounts Payable | 169.60M | 213.40M | 256.50M | 327.60M | 368.10M | 352.10M |
| Accrued Expenses | 214.50M | 200.10M | 95.90M | 298.90M | 225.90M | 189.50M |
| Current Portion of Long-Term Debt | 1.78B | 1.46B | 1.75B | 2.25B | 1.05B | 974.30M |
| Current Portion of Leases | 45.10M | 39.80M | 44.00M | 53.40M | 47.40M | 41.40M |
| Current Unearned Revenue | 366.50M | 370.40M | 201.70M | 187.60M | 147.20M | 174.90M |
| Other Current Liabilities | 740.60M | 767.70M | 1.12B | 871.20M | 733.50M | 670.90M |
| Total Current Liabilities | 3.32B | 3.05B | 3.47B | 3.99B | 2.57B | 2.40B |
| Long-Term Debt | 2.15B | 2.43B | 2.20B | 2.16B | 2.99B | 2.87B |
| Long-Term Leases | 251.50M | 261.40M | 290.70M | 385.10M | 159.20M | 159.30M |
| Long-Term Unearned Revenue | 90.10M | 87.60M | 169.10M | 118.40M | 52.00M | 49.80M |
| Long-Term Deferred Tax Liabilities | 14.40M | 14.10M | 12.90M | 13.30M | 31.80M | 38.80M |
| Other Long-Term Liabilities | 559.90M | 531.90M | 937.10M | 606.40M | 488.30M | 465.80M |
| Total Liabilities | 6.39B | 6.38B | 7.08B | 7.28B | 6.30B | 5.99B |
| Common Stock | 2.53B | 2.50B | 3.20B | 3.15B | 3.10B | 3.02B |
| Retained Earnings | -3.76B | -3.73B | -3.53B | -3.58B | -2.44B | -369.70M |
| Comprehensive Income & Other | 31.00M | 43.40M | 72.60M | 116.00M | 120.90M | 29.30M |
| Total Common Equity | -1.20B | -1.19B | -264.70M | -312.70M | 784.50M | 2.68B |
| Minority Interest | 142.10M | 143.50M | 5.70M | 125.50M | 345.10M | 323.00M |
| Shareholders' Equity | -1.06B | -1.05B | -259.00M | -187.20M | 1.13B | 3.00B |
| Total Liabilities & Equity | 5.33B | 5.33B | 6.82B | 7.09B | 7.43B | 8.99B |
| Total Debt | 4.24B | 4.19B | 4.29B | 4.86B | 4.25B | 4.04B |
| Net Cash (Debt) | -3.81B | -3.85B | -4.08B | -4.51B | -3.98B | -3.67B |
| Net Cash Per Share | -13.13 | -13.49 | -16.38 | -18.50 | -15.58 | -14.64 |
| Filing Date Shares Outstanding | 297.56M | 290.63M | 285.72M | 264.11M | 257.07M | 252.82M |
| Total Common Shares Outstanding | 293.00M | 290.40M | 269.36M | 263.54M | 256.93M | 252.34M |
| Working Capital | -1.86B | -1.56B | -2.23B | -2.53B | -1.45B | -1.34B |
| Book Value Per Share | -4.10 | -4.11 | -0.98 | -1.19 | 3.05 | 10.63 |
| Tangible Book Value | -2.07B | -2.07B | -1.09B | -2.12B | -1.81B | -1.52B |
| Tangible Book Value Per Share | -7.07 | -7.11 | -4.06 | -8.03 | -7.03 | -6.04 |
| Land | 1.20M | 1.20M | 1.20M | 1.20M | 1.20M | |
| Machinery | 105.30M | 96.60M | 255.40M | 260.70M | 238.50M | |
| Leasehold Improvements | 34.20M | 33.90M | 66.10M | 58.70M | 43.50M | |
| Order Backlog | 1.30B | 1.10B |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | -118.20M | -198.30M | -362.00M | -1.10B | -2.01B | -188.20M |
| Depreciation & Amortization | 17.60M | 17.60M | 17.80M | 15.60M | 180.30M | 270.40M |
| Other Amortization | 1.07B | 1.03B | 1.18B | 922.00M | 1.68B | 1.62B |
| Asset Writedown & Restructuring Costs | 17.90M | 17.90M | 54.50M | 47.40M | 1.87B | 1.20M |
| Loss (Gain) From Sale of Investments | -3.00M | -10.50M | -3.50M | -44.00M | -1.30M | |
| Loss (Gain) on Equity Investments | 2.10M | 3.30M | -4.30M | -8.70M | -500.00K | 3.00M |
| Stock-Based Compensation | 117.40M | 78.00M | 57.00M | 119.40M | 102.00M | 100.00M |
| Other Operating Activities | 45.10M | 86.40M | 110.80M | 881.30M | -2.10M | 9.30M |
| Change in Accounts Receivable | 152.40M | 28.70M | 182.80M | 96.30M | -140.60M | -44.50M |
| Change in Inventory | -1.23B | -1.18B | -1.20B | -697.50M | -1.98B | -2.21B |
| Change in Accounts Payable | -111.10M | -72.50M | -115.40M | -36.70M | -2.90M | 1.40M |
| Change in Unearned Revenue | 33.70M | 50.30M | 87.50M | -6.30M | -25.40M | 1.30M |
| Change in Other Net Operating Assets | 120.40M | 100.30M | -112.70M | 7.70M | 68.40M | -218.80M |
| Operating Cash Flow | 109.90M | 24.80M | -166.00M | 396.80M | -114.30M | -660.90M |
| Capital Expenditures | -12.80M | -13.40M | -48.50M | -9.90M | -49.00M | -194.50M |
| Cash Acquisitions | -29.40M | -331.10M | ||||
| Divestitures | 123.60M | |||||
| Investment in Securities | 2.50M | 35.00M | -500.00K | -7.30M | 30.70M | -5.30M |
| Other Investing Activities | -1.50M | -5.60M | -24.80M | |||
| Investing Cash Flow | -9.60M | -8.70M | -53.00M | -376.80M | -18.30M | -80.50M |
| Long-Term Debt Issued | 5.72B | 6.22B | 4.97B | 3.21B | 3.70B | |
| Long-Term Debt Repaid | -5.57B | -6.40B | -4.62B | -2.95B | -3.04B | |
| Net Debt Issued (Repaid) | 439.20M | 157.40M | -182.00M | 350.20M | 257.80M | 660.30M |
| Issuance of Common Stock | 6.00M | 400.00K | 700.00K | 500.00K | 3.80M | 4.20M |
| Repurchase of Common Stock | -29.60M | -14.00M | -29.10M | -32.00M | -19.20M | -35.10M |
| Other Financing Activities | -270.60M | -33.00M | 354.60M | -279.10M | -178.60M | -30.00M |
| Financing Cash Flow | 145.00M | 110.80M | 144.20M | 39.60M | 63.80M | 599.40M |
| Foreign Exchange Rate Adjustments | -3.50M | 1.30M | -5.00M | -1.20M | -2.80M | -2.10M |
| Net Cash Flow | 241.80M | 128.20M | -79.80M | 58.40M | -71.60M | -144.10M |
| Free Cash Flow | 97.10M | 11.40M | -214.50M | 386.90M | -163.30M | -855.40M |
| Free Cash Flow Margin | 3.37% | 0.43% | -8.30% | 15.79% | -4.24% | -23.73% |
| Free Cash Flow Per Share | 0.34 | 0.04 | -0.86 | 1.59 | -0.64 | -3.41 |
| Levered Free Cash Flow | 1.45B | 817.45M | 1.19B | 934.48M | 1.72B | 1.71B |
| Unlevered Free Cash Flow | 1.60B | 971.96M | 1.33B | 1.06B | 1.84B | 1.77B |
| Cash Interest Paid | 269.20M | 269.20M | 241.30M | 222.40M | 196.70M | 135.00M |
| Cash Income Tax Paid | 14.10M | 14.10M | 20.10M | 22.10M | 29.10M | 16.90M |
| Change in Working Capital | -1.04B | -1.08B | -1.15B | -636.50M | -1.89B | -2.47B |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.70B | 2.78B | 1.98B | 2.24B | 2.43B | 3.49B |
| Enterprise Value | 7.51B | 7.04B | 6.69B | 6.94B | 6.75B | 7.29B |
| Last Close Price | 12.45 | 9.59 | 7.13 | 8.02 | 8.92 | 13.10 |
| Forward PE | 35.63 | 48.68 | 11.81 | 18.83 | 23.69 | 20.65 |
| PS Ratio | 1.29 | 1.06 | 0.77 | 0.92 | 0.63 | 0.97 |
| PB Ratio | -2.65 | -7.66 | -11.98 | 2.15 | 1.16 | |
| P/FCF Ratio | 38.15 | 244.11 | 5.80 | |||
| P/OCF Ratio | 33.71 | 112.21 | 5.65 | |||
| PEG Ratio | 0.51 | 0.97 | 0.10 | 1.58 | 1.69 | |
| EV/Sales Ratio | 2.61 | 2.67 | 2.59 | 2.83 | 1.75 | 2.02 |
| EV/EBITDA Ratio | 30.94 | 35.90 | 51.11 | 40.07 | 32.73 | 19.61 |
| EV/EBIT Ratio | 33.35 | 39.44 | 59.14 | 44.04 | 260.54 | 71.96 |
| EV/FCF Ratio | 77.39 | 617.47 | 17.94 | |||
| Debt / Equity Ratio | -4.00 | -3.99 | -16.57 | -25.94 | 3.76 | 1.35 |
| Debt / EBITDA Ratio | 17.22 | 21.02 | 31.71 | 27.56 | 20.30 | 10.84 |
| Debt / FCF Ratio | 43.62 | 367.66 | 12.55 | |||
| Net Debt / Equity Ratio | -3.60 | -3.67 | -15.74 | -24.07 | 3.52 | 1.22 |
| Net Debt / EBITDA Ratio | 15.68 | 19.63 | 31.13 | 26.02 | 19.29 | 9.88 |
| Net Debt / FCF Ratio | 39.23 | 337.70 | -19.01 | 11.65 | -24.36 | -4.29 |
| Asset Turnover | 0.55 | 0.43 | 0.37 | 0.34 | 0.47 | 0.42 |
| Quick Ratio | 0.41 | 0.46 | 0.30 | 0.34 | 0.41 | 0.41 |
| Current Ratio | 0.44 | 0.49 | 0.36 | 0.37 | 0.43 | 0.44 |
| Return on Equity (ROE) | -55.43% | -97.66% | -6.83% | |||
| Return on Assets (ROA) | 2.68% | 1.84% | 1.02% | 1.36% | 0.20% | 0.73% |
| Return on Capital Employed (ROCE) | 11.20% | 7.80% | 3.40% | 5.10% | 0.50% | 1.50% |
| Earnings Yield | -3.29% | -7.13% | -18.25% | -49.17% | -82.58% | -5.40% |
| FCF Yield | 2.62% | 0.41% | -10.81% | 17.25% | -6.71% | -24.54% |
| Buyback Yield / Dilution | -13.56% | -14.67% | -2.18% | 4.56% | -1.70% | -1.63% |
| Total Shareholder Return | -14.67% | -2.18% | 4.56% | -1.70% | -1.63% |